Twitter (TWTR) surged into the close on Friday on heavy volume and continues to be red hot. On Friday, the 10 & 50 day moving averages crossed which was a trend reversal and buy signal. Twitter (TWTR) should find buyers on every major pullback from now until earnings. Resistance is located at $39.69 & $40.
I'm expecting TWTR stock to hit $75-$100 within the next 17 months but shares will continue to be volatile which is good for trading. Right now, the bottom is in at $29.51 and the trend is up.
For more information in the top stocks in 2014, visit these links - Stocks 2014 - Top Penny Stocks 2014 - Stocks to Buy 2014
